Pioneer Power Q2 revenue down 40% to $5.0M, net loss $2.1M; backlog up 32% to $18.4M

PIONEER POWER SOLUTIONS, INC.

2026-Q2 EPS reported -$0.41 revenue$8,724,000

Revenue $5.0M, down 40% YoY from $8.4M; gross margin improved to 19.6% from 15.7%.
Net loss $2.1M vs $1.3M loss (incl. $100K discontinued ops) in Q2 2025; operating loss $2.0M.
Backlog $18.4M at June 30, up 32% sequentially from $13.9M; PRYMUS quotes ~$200M, 80% data centers.
H2 2026 revenue expected ~$15M, >60% growth over H1; cash $10.7M, no bank debt.
e-Boost annual revenue ~$10M; PowerCore home shipments expected H2 2026.

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